Centene Corporation
CNC Healthcare Healthcare Plans
Centene Corporation’s revenue for fiscal 2025 (year ended December 2025) was $194.8 billion, up 19.4% from fiscal 2024. In the quarter to June 2026, revenue grew 9.92%, EPS grew 533.3%, free cash flow grew 116.6% and total debt fell 8.37%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years.
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Centene Corporation (CNC) Operating margin
Centene Corporation's operating margin over the twelve months to 30 June 2026 was −2.78%, up 1.1 percentage points from fiscal 2025 (−3.91%). Over the past ten years it has ranged from −3.91% (fiscal 2025) to 3.11% (fiscal 2016) — the current reading is the lowest in ten years. That is below the Healthcare Plans industry median of 1.93% and below the Healthcare sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | −3.91% | (5.86) |
| FY2024 | 1.95% | 0.05 |
| FY2023 | 1.90% | 0.99 |
| FY2022 | 0.91% | (0.51) |
| FY2021 | 1.42% | (1.35) |
| FY2020 | 2.77% | 0.38 |
| FY2019 | 2.39% | (0.04) |
| FY2018 | 2.43% | (0.05) |
| FY2017 | 2.48% | (0.63) |
| FY2016 | 3.11% | 0.01 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 2.24% | (1.49) |
| Mar 2026 | 3.73% | 7.24 |
| Dec 2025 | −3.51% | 10.48 |
| Sep 2025 | −14.0% | (13.05) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| UNH UnitedHealth Group Incorporated compare | 5.32% |
| OSCR Oscar Health, Inc. compare | 4.11% |
| ELV Elevance Health, Inc. compare | 3.63% |
| CI Cigna Group compare | 3.53% |
| CVS CVS Health Corporation compare | 2.00% |
| HUM Humana Inc. compare | 1.86% |
| MOH Molina Healthcare, Inc compare | 0.46% |
| CLOV Clover Health Investments, Corp. compare | −0.74% |
| CNC Centene Corporation | −2.78% |
| Healthcare Plans industry median | 1.93% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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